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Index Numbers For Spatial Comparisons

In: Index Numbers

Author

Listed:
  • E. A. Selvanathan

    (Griffith University)

  • D. S. Prasada Rao

    (University of New England)

Abstract

In Chapter 3 we introduced the stochastic approach and showed how this approach can be used to derive Laspeyres, Paasche and Theil-Tornqvist (TT) index numbers and their standard errors. In the last three chapter we used these index numbers to measure changes in prices within a time-series context. In this chapter we demonstrate the use of the stochastic approach in deriving index numbers formulae for multilateral spatial comparisons.

Suggested Citation

  • E. A. Selvanathan & D. S. Prasada Rao, 1994. "Index Numbers For Spatial Comparisons," Palgrave Macmillan Books, in: Index Numbers, chapter 0, pages 141-189, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-23594-0_6
    DOI: 10.1007/978-1-349-23594-0_6
    as

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